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Accounting information and capital markets
Monday, May 5, 2008
Nyles lowers earnings forecast
As reported in
The Oz
, Nylex lowers its earnings forecast. Note the focus on EBIT and EBITDA numbers, and in particular the 'normalised EBITDA' nubmers. It's not until the end of the article that net income (or net loss) gets a mention!
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About Me
Jeff Coulton
Sydney, NSW, Australia
Jeff is a Senior Lecturer in the School of Accounting at the University of New South Wales.
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